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Review Betfred
BetFred Sports Betting Review
Since the company's founding in the 1960s by Fred Done and Peter, Betfred has become the fourth-largest bookmaker in the UK, home to many punters across the region. Currently, the bookie only accepts customers from Ireland, Gibraltar, and the United Kingdom since they haven't expanded internationally.
Betfred initially began as a betting shop in the north of England. Today, though, Betfred has developed into an enormous business empire, as evidenced by its dedication to horse racing. They recently paid £265 million to purchase the Tote.
Betfred presently has its headquarters in Gibraltar, with more than 1350 retail locations and is authorised by the local government. Betfred is giving established names a run for their money in the UK based on the outstanding offerings.
In this 2022 Betfred review, we'll list its key benefits since it has far more advantages than disadvantages. Betfred offers customers a wide range of sports and bets, including outstanding bonus offers, an easy withdrawal process, a decent mobile app, and an excellent place for wagering, especially on football.
Are you thinking of joining Betfred UK and wagering with them? Carefully go through this Betfred review to learn more about one of the top high street bookies to discover what else they offer, from their mobile app to withdrawal fees, and available payment options, among others.
Review results Betfred
Gallery
Quick Facts
- Main
- Sports betting
- Payment methods
Founded
1967
Licence
Gibraltar, Ireland, United Kingdom
Official website
Target region
United Kingdom
Regulated
UK Gambling Commission
Game Types
Sports Betting, Casino
Odds formats
EU, UK, US
Min bet
£0.10
Max bet
Varies
Cybersport
Yes
Live betting
Yes
Live streaming
Yes
Margin
Football
3.5%
Hockey
4.7%
Tennis
5.9%
Basketball
5.5%
Additional markets
Politics, eSports, Virtual Sport
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Features
Betfred is one of those feature-rich UK bookies with plenty of several helpful tools to make the entire betting process fun. Having opened for business for more than five decades, Betfred understands its customer's needs, a reason why you stand to find several features, all ideal for betting at this bookie.
The cash-out feature was the first item we noticed while conducting our Betfred review. But once more, finding a cash-out tool from a reputable betting site like Betfred is not unexpected. You can use Betfred's cash-out feature to settle your bets if you believe a game's outcome will not be favourable. Cash-out can help you avoid a total loss and only requires a few simple steps to cash out on Betfred.
In addition to the cash-out feature, Betfred also offers live streaming. Nothing is more exciting than the chance to see your favourite players and teams in action live. With Betfred's live stream feature, you can do this. You must note that live streaming is only available at some events.
The features available at Betfred continue with their Bet Builder. This helpful tool enables you to create your bet based on markets that this bookmaker might not have, making the potential number of wagers you can place here nearly limitless.
Additionally, Betfred offers a respectable native app that is great for placing bets on the go. Today, most punters prefer wagering from the app. Our Betfred review found that the app functions well overall and that Betfred has done a decent job of enhancing its mobile betting choices.
The app made it simple to locate specific sports and matches, and the bet slip helps keep track of all your bets. The app is effortless to download and install too. Our experts revealed that undertaking any activity from the app is also effortless, from carrying out a withdrawal to placing bets and placing live bets, among other things.
Another noteworthy feature of Betfred is its live chat customer care service, which is accessible around the clock. You can contact their support staff via live chat day or night if you have any difficulties using the website or have other questions. At Betfred, customer service representatives respond to live chat inquiries in under a minute.
Advantages & Disadvantages
Betfred has been in business for quite a long time, meaning they are one of those experienced bookmakers in the UK's online betting space. While Betfred has its unique selling points, there are a few low-done areas you need to know. In our Betfred review, we discovered several advantages and a few disadvantages of Betfred, as noted below:
- An extensive menu of football bets and markets
- 24/7 support via live chat in addition to Email and phone contact options
- Better than other bookmakers' average bonus, especially their welcome offer
- One free bank transfer withdrawal per month
- A native mobile app
- Several safe deposit and withdrawal methods
- Lack of sufficient live streaming options in their in-play betting section
- Withdrawal fees on multiple banks
Betfred Promotion Codes
You may have heard of promotional codes, especially if you are new to sports betting. In contrast, what do promotional codes mean for online sports betting? Promo codes, in essence, are combinations of letters, numbers, or both that bookmakers provide to gamblers to redeem the available awards and other benefits.
Prizes that customers can win include cash, gift cards, and tickets to big-game events. Bookies create these codes and tend to change frequently. You must enter the promo code in the required field to take advantage of the sportsbook rates and other benefits.
It's essential to remember that not all bookmakers require you to utilize promo codes to receive bonuses or other prizes. Though not always, using promo codes is sometimes a necessity at Betfred.
To redeem your Bet £10, Get £30 Free Bets introductory incentive at Betfred in October, you must use the coupon code SPORTS60.
Betfred Sign-up Process
Registering for an account at Betfred is a very effortless process that you can complete in less than five minutes. There's nothing complicated when signing up with this bookmaker. Below are the steps to follow to create your account with Betfred and begin placing bets with them:
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Once you successfully log in to Betfred's website, find the green 'Register' icon and click on it to begin your registration.
Step 3
Upon clicking the icon, you'll see an online form where you have to enter your username and password.
Step 4
Check or tick the box to confirm that you are over 18 years.
Step 5
Once complete, go to the following sections on Betfred's website and enter your contact address, along with the setting details.
Step 6
Finally, click on the final continue icon. Your account is now ready for use.
As evident from the steps above, if you happen to be fast enough at Betfred, you can have your betting account up and running within the shortest time possible. Even better here is that, unlike other bookies that may have to verify you, such isn't the case at Betfred.
Betfred Banking Options
According to our Betfred review, the company offers a wide range of UK's popular payment options, and processing times are quick. Most significantly, Betfred has a solid reputation for paying out winning wagers promptly and without keeping clients waiting an excessive amount of time.
Funding your betting account is simple, and all transactions are immediate. To send funds to your account, you can use Neteller, Skrill, PayPal, Apple Pay, Pingit, bank transfer, Paysafe, and credit and debit cards like Visa, Visa Electron, MasterCard, and Maestro.
The minimal deposit varies depending on your banking method, but the majority let you put down as little as £5. But it's important to remember that the minimum deposit for bank transfers is £85.
You have the same alternatives when initiating a withdrawal, except for Paysafe and MasterCard. The sole method that requires payment is bank transfers, but Betfred does provide one unrestricted withdrawal/cash-out through bank transfer each month. In the alternative, each transaction costs £12.
Additionally, all Betfred betting shops offer free deposit and withdrawal services. The ability to do this is a simple and hassle-free way to conduct your banking if a shop is nearby.
Sportsbook
Betfred UK allows customers to wager on various sports, but the breadth of markets offered for each sport and event falls short of that of some more reputable operators, like BetVictor or Bet365. So, don't be shocked if fewer market possibilities are available here.
However, that's not to say that you can't find decent sports coverage to wager on at Betfred. Betfred accepts bets on the following sports:
- American Football
- Athletics
- Aussie Rules
- Badminton
- Baseball
- Basketball
- Boxing
- Cricket
- Cycling
- Darts
- eSports
- Football
- Gaelic Football
- Golf
- Greyhounds
- Handball
- Horse Racing
- Hurling
- Ice Hockey
- Lottery
- Motor Sports
- Politics
- Pool
- UFC / MMA
- Rugby
- Snooker
- Specials
- Tennis
As you can see, many sports are available for betting at Betfred, and you may broaden the choices by selecting the appropriate option from the menu on the screen's left-hand side (use the a-z menu on the app). Doing so will display a variety of alternatives for each sport, ranging from common bets like the final score to less common bets like the number of cards.
Compared to some of the other, more established online bookies, there will typically be fewer betting opportunities at each event. The Betfred mobile app offers access to all of the company's markets.
VIP Program
If you frequently place bets and don't wager at a bookmaker with a VIP program, you may be depriving yourself of various benefits and extras, also known as VIP programs. VIP and loyalty programs enhance your betting experience by providing bonuses, incentives, gifts, prize draws, and other perks.
These VIP clubs are increasing at many online UK sportsbooks today. They may bring a lot of extra value every time you wager on the site in the form of bonuses, customized offers and promotions, gifts, prize draws, and even invitations to important sporting events.
Unfortunately, though, when compiling this Betfred review, we noticed the absence of a VIP program at the site. The lack of a VIP program surprised us, considering that Betfred is one of the most established names across the UK, with several years of experience across the sports betting industry.
We weren't unable to confirm whether Betfred intends to introduce this service soon, but should they wish to remain competitive, they should consider the inclusion of a VIP scheme.
Loyalty Offers
Most top bookmakers in the United Kingdom reward loyalty. Loyal customers that wager on the site for a long while referring other bettors to the betting site find a handful of rewards waiting for them. Again, depending on the bookmaker, the benefits could be in the form of free bets, cash, or a paid visit to a specific exotic location, among others.
Since we began doing online bookmaker reviews, we've established that most top brands in the United Kingdom reward loyal customers to encourage them to wager more on their sites. And to some extent, this strategy works.
Sadly, like the absence of the VIP scheme, Betfred currently lacks loyalty offers. Betfred also needs to improve in this area if they are to continue remaining competitive. We hope to see the addition of loyalty offers soon, and we'll be the first ones to inform you when they become available.
Betfred License & Security
It's not surprising that Betfred has made security and fair play one of its top objectives, especially after being in operation for over 50 years. We feel more confident in the site's safety, knowing that Betfred runs its operations under numerous gambling licenses.
The UK Gambling Commission oversees the operations of Betfred in the United Kingdom, and it has a license from Gibraltar to accept bets from customers around the world. Additionally, the company's headquarters are in Gibraltar.
The license numbers issued to Betfred for registration compliance are 036 and 038. It's not unusual to discover bookies with Gibraltar offices and UK licenses; they do this to avoid the hefty tax payments they'd incur if they operated out of the UK.
In our Betfred review, we looked into the company's past regarding security and general fair play. The excellent grades we gave Betfred in this category reflect our positive record and the absence of any significant red flags.
Customer Support
If there's one area where Betfred excel, then among other things, it has to be how they treat their customers. The specific help section, accessible by clicking the FAQs link at the bottom of Betfred's page, is a great place to start. Here, you find many straightforward and frequent questions users have about their accounts and the website.
You can get your answers to frequent questions like withdrawal costs, installing and downloading their app, and having trouble logging in from the FAQ area, to name a few.
Additionally, Betfred offers consumers a variety of options to get in touch with them. They include a Live Chat feature, a dedicated phone number for calls made within the UK, a different number for calls made from outside the UK, and an email address you may use to get in touch with Betfred.
To reach out to Betfred's support reps if faced with any challenge, use the contact channels below:
- Via Live chat: access via the 'Contact Us' link on-site/app.
- Via Email: support@betfred.
- Inside the United Kingdom, phone number: 0800 028 7747.
- Outside the United Kingdom, phone number: +44 (0)1925 878269.
We also established Betfred's customer support agents to be friendly, professional, and knowledgeable when responding to customer queries or any other concerns.
Betfred Mobile App
Lately, betting while on the go, primarily via the app, is on the rise, especially in the UK. Betfred understands this and has a decent mobile app to enhance betting while on the move.
Upon rating Betfred's mobile app, it received a decent 3.9 stars out of the possible 5 stars from more than 7,800 reviews. While this isn't that bad, it's substantially lower than some of its rivals. But what makes that so?
Unfortunately, several customers have complained about technical issues with the program. For some punters, the program frequently crashes, while for others, its speed occasionally makes it nearly tricky to use.
But there seems to be some hope. The most recent version appears smoother, at least on smartphones, but it is still not nearly on par with the finest mobile websites. We still think the app's look, compatible with Android and iOS devices, is a little old-fashioned.
Finding the available promotions or some markets is very complicated (you have to scroll right on the secondary menu). We feel that the app needs improvement if it's to compete with other apps of rival firms.
Conclusion
We think Betfred is among the top online sportsbooks available, so there's no reason not to suggest it to you. They have an excellent reputation among internet gamblers, operate under a valid license, and consistently pay out winning wagers promptly.
Several ongoing deals are available for football lovers, horse racing, and greyhound racing. Betfred outperforms every other bookmaker we've evaluated regarding promos, which is a big positive for them.
However, a few areas require improvement. For instance, Betfred has to do something with their app that keeps crashing constantly. Also, you can't compare their live betting and live streaming offerings to those of the big boys in the industry.
But overall, Betfred is one of the decent betting sites worth your time, and we highly recommend trying them.
FAQs
What is the minimum deposit amount at Betfred?
The minimum deposit amount at Betfred is £5. However, that changes if you use bank transfers where the minimum deposit is £85.
How do I place an accumulator with Betfred?
Placing accumulator bets at Betfred is easy; you only need to click on the odds of each selection you prefer. Betfred will then automatically add each choice and odds to your bet slip.
How do I use free bets at Betfred?
It's simple than you may think. Select the market you prefer to wager on and head to the bet confirmation screen. Check the 'Use Free Bets' bonuses and box on the screen to use your free bets.
How long do withdrawals at Betfred take?
In short, it depends on the payment method that you use. But in most cases, you may have to wait up to two business days for funds to arrive in your account.
Our verdict
New customers over 18 years old can participate in the promotion